Pixar began in 1979 as the Graphics Group, part of the Computer Division of Lucasfilm before it was acquired by Apple Computer co-founder Steve Jobs in 1986. The Walt Disney Company bought Pixar in 2006 at a valuation of $7.4 billion; the transaction made Jobs the largest shareholder in Disney.
Did Steve Jobs own Pixar?
In 1986, Jobs acquired the computer graphics division of Lucasfilm, Ltd. and renamed it Pixar Animation Studios. He remained CEO and majority shareholder at 50.1% until its acquisition by The Walt Disney Company on May 5, 2006.
Who was Pixar owned by?
How long was Steve Jobs CEO of Pixar?
The new company was Pixar, which produced the first 3D computer animated feature film Toy Story (1995), and went on to become a major animation studio, producing over 20 films since then. Jobs became CEO of Apple in 1997, following his company’s acquisition of NeXT.
How rich was Steve Jobs?
“Add it all up and if Steve Jobs were alive today and held on to every single share of Apple and Disney, his net worth would be $45 billion. Every year he’d make $402 million per year from dividend payments,” according to Celebrity Net Worth founder Brian Warner.
Was Pixar a good deal for Disney?
The acquisition of Pixar Animation was not only great for Disney because it brought Hollywood’s most successful and acclaimed animation studio into The House of Mouse for good, but because it gave John Lasseter and Ed Catmull control over feature animation at Disney as well as Pixar.
How much Disney paid for Pixar?
Disney acquired “Toy Story” creator Pixar in 2006 for $7.4 billion. The company became the owner of the “Star Wars” and “Indiana Jones” franchises following the purchase of Lucasfilm in 2012.